Turkish premier hopes to cooperate with Russia in banking sector

Turkish premier called for organizing bilateral meetings of heads of banks and the banking sector

STRELNA, November 22, 15:20 /ITAR-TASS/. Turkish Prime Minister Recep Tayyip Erdogan said he was hoping to cooperate with Russia in the banking sector.

Erdogan named the entry of Russia’s Sberbank to the Turkish market as positive. “In the financial sphere I’d like to note Sberbank’s entry to the Turkish market,” he said at a session of the Russia-Turkey High-Level Cooperation Council on Friday.

The Turkish premier called for organizing bilateral meetings of heads of banks and the banking sector on the sidelines of the Russia-Turkey summit.

Commenting on mutual investments, he said certain Turkish companies had invested over 100 billion dollars to the Russian economy.

Erdogan also notes any progress in cultural cooperation. He cited as an example the festival of Russian culture in Istanbul. The Turkish premier said he was hopeful that Turkish “return” events would be the success.

He lauded the openness of a Russian science and culture center in Ankara. Turkey would like to open its culture centre in Moscow, the premier added.

Speaking about international issues, Erdogan stressed that Russia and Turkey had obligations for the settlement of the Azerbaijani-Armenian conflict, the situation in Syria and Iraq. “Common steps are due to be taken that would allow us to provide a foundation for resolving these issues,” the Turkish premier said.